Raising Money for Promoters of Performing Arts, Sports, and Similar Events with Facilities

Looking for bank loans for promoters of performing arts, sports, and similar events with facilities? Try the SBA. This $475,000 promoters of performing arts, sports, and similar events with facilities loan was issued by a Pennsylvania bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with The Mars National Bank, out of Mars, Pennsylvania. The loan was granted and they received $475,000 to help grow their Allison Park, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: THEATRICAL PRODUCERS
ALLISON PARK, PA 15101

SBA Loan Lender

THE MARS NATIONAL BANK
145 GRAND AVE
MARS, PA 16046

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7922 - Theatrical Producers

NAICS Code

711310 - Promoters of Performing Arts, Sports, and Similar Events with Facilities

Loan Approval Date

3/26/2001

Loan Approval Gross Amount

$475,000

Loan Approval from the SBA

Of the total $475,000 loan amount, the SBA guaranteed $356,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Allison Park PA, you ought to talk with a local Allison Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Allison Park businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Mars National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Angel Investors

SBA Approved Banks in Mars, Pennsylvania

Getting an SBA Loan in Pennsylvania